Legal Question in Tax Law in India

eager to know the rules......

Hello sir...

i am ganesh from coimbatore....

i bought a cell phone for Rs.2000/- from UK and made the payment..

They asked for the shipping address and i gave my address..

But my father is telling ''you dont know the rules and taxes for the cell phone when coming to india...and the taxes are higher then you are buying''

Ofcourse i don't know it..

plz tell me the procedure to get the phone and how much i have to pay for that....

whether the taxes are collected upon the rates of buying it or buy weight...

plz tell your phone number to contact you....


Asked on 12/01/04, 10:42 am

1 Answer from Attorneys
Srinivas Kotni Corporate Lexport

Re: eager to know the rules......

Hello Ganesh

I am Srinivas Kotni, a Lawyer based in Delhi. On importing the Cell Phone into India you are liable for paying Basic Customs Duty which is 15% of the Value. Apart from this you will also need to pay CVD (Countervailing Duty) which is around 16% on the Value + BCD. The courier fellow will file the relevant documents to the Customs and get the same assessed.

Regards

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Answered on 12/02/04, 1:03 am


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